ACCOUNTING ENTRIES,,,,,,,,

Name: Qatar Living Classifieds
Rating: 4.1 (228 reviews)
Author: Qatar Living

hai,, can anyone kindly give me the accounting entries for construction companies,,,what willbe the the entry if we take one project,thank

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By anonymous• 14 Dec 2008 10:26

This might help also

http://74.125.77.132/search?q=cache:d-pQFUQjsIMJ:www.ohsu.edu/research/rda/spa/docs/ogamanuals/chapter7.2.doc+What+is+the+accounting+entry+for+project+awarded%3F&hl=en&ct=clnk&cd=4&gl=qa&client=firefox-a

By anonymous• 14 Dec 2008 10:10

I just found this in Google Search.

http://www.dot.state.mn.us/safinance/sa_manual/chapter5a.pdf

I hope this helps.

Cheers..

By lovespread• 14 Dec 2008 10:03

It depends with numerous factors like assurance of collection and if the progress of projects can be measured reliably..

just check the link below..i hope it helps

http://www.epcc.edu/Portals/256/pdf/Acnt2303/PercentageofCompletion.pdf

By fieryangelinthesky• 14 Dec 2008 10:00

What method are you using?

1.) Percentage of completion method; or

2.) Completed contract

Though balance sheet entries are the same, except on the Net Advance Billing account.

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ACCOUNTING ENTRIES,,,,,,,,

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